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Investors take notice! This well-maintained 5-unit multifamily property presents an outstanding opportunity to expand your investment portfolio or begin building long-term wealth through real estate. Held by the same family for an incredible 136 years, this property reflects generations of pride in ownership and thoughtful maintenance. Offering strong rental appeal, three units are currently occupied by tenants at will, while additional income potential exists with the remaining units. One oversized apartment was originally two separate units and has been combined into a spacious residence, providing flexibility for future rental strategies. Major improvements include vinyl siding, vinyl replacement windows, a flat rubber roof approximately 10 years old, a new boiler approximately 2 years old, newer gas heaters, and six electric meters. Separate utilities help simplify property management and tenant billing. Inside, the building retains much of its original character with beautiful ornate woodwork, impressive 4¼-inch window and door casings, original five-panel interior doors, and hardwood flooring throughout much of the property. Conveniently located minutes to Twin City Rail Trail and near shopping, restaurants, churches, markets, bus stops, and the commuter rail station, this property offers the accessibility of today's tenants value. Whether you're a seasoned investor seeking dependable cash flow or a buyer looking to enter the multifamily market with confidence, this is a rare opportunity to own a solid income-producing property with a remarkable history and excellent upside potential.

Property Details of 52 Bemis Road

Property Details

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Exterior Features

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Listed by Brenda Albert of LAER Realty Partners

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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